Sri Lanka’s Recovery: From Crisis to Economic Revival
Sri Lanka faced a severe financial and political crisis in 2022, but the country’s recovery appears to be on track. Explore the causes behind the crisis and how Sri Lanka is gradually rebuilding its economy,
Who Really Killed Sri Lanka’s Economy?
Once a leader in textiles and tourism, Sri Lanka now faces its worst economic crisis. With inflation at 60%, foreign loan defaults, and a lack of essentials like fuel and medicine, discover the factors that led to this national tragedy.
Beyond Debt: China-Sri Lanka Economic Relations in a New Era
Sri Lanka’s President Anura Kumara Dissanayake is greeted by China’s Deputy Foreign Minister Chen Xiaodong upon his arrival in Beijing, China, Jan. 14, 2025.
The leader of Sri Lanka navigates the China-India rivalry on a visit to Beijing
Sri Lanka’s Marxist-leaning President Anura Kumara Dissanayake has held talks with Chinese leader Xi Jinping, one month after visiting India on his first overseas trip since winning election in September.
Sri Lanka President Draws Investments From China on Maiden Visit
Sri Lankan President Anura Kumara Dissanayake attracted investments from China on his first visit to Beijing since being elected in September.
China will continue to help Sri Lanka achieve financial relief
China will continue to play a "positive role" in the International Monetary Fund and maintain friendly communication with other creditors, in assisting Sri Lanka to achieve financial relief and debt sustainability,
China, Sri Lanka Agree More Investment and Economic Cooperation
China and Sri Lanka have agreed on more investment and economic cooperation, after China's President Xi Jinping met recently elected Sri Lankan President Anura Kumara Dissanayake in Beijing on Wednesday.
Sri Lanka balances China and India for growth
Chinese leader Xi Jinping said relations between China and Sri Lanka faced a "historical opportunity" to foster ties, in talks with the island nation's President Anura Kumara Dissanayake on Wednesday.
China places Sri Lanka on top of its neighbourhood diplomacy: Xi tells Dissanayake
China places Sri Lanka on top of its neighbourhood diplomacy and supports it in safeguarding its sovereignty, President Xi Jinping told his Sri Lankan counterpart Anura Kumara Dissanayake during their
Sri Lanka Governor Says Deflation to Provide ‘Some Respite’
A deflationary environment in Sri Lanka is expected to continue in early 2025, according to the central bank governor, ...
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Sri Lanka seeks to navigate China-India rivalry and emerge from its economic crisis
The support of the two regional powerhouses — and rivals — is crucial for Sri Lanka to emerge from its worst economic crisis in decades, which led to political upheaval and paved the way for ...
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Sri Lanka considers another tender to solve passport crisis
Sri Lanka’s government is likely to open another tender for e-passports after a legal dispute caused a backlog of thousands ...
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‘Economic Policy Lessons for New Sri Lanka’ book presented to Deputy Ministers
The book titled ‘Economic Policy Lessons for New Sri Lanka’, authored by Dr. H.N. Thenuwara, was formally presented yesterday ...
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HSBC and Sarvodaya Fusion champion economic empowerment for women in Sri Lanka
Sri Lanka’s economic crisis has disproportionately affected women, with only 32% participating in the workforce and 25% owning SMEs. Many are forced into low-skilled overseas labour or struggle with ...